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    <title>2010 (11) TMI 1030 - BOMBAY HIGH COURT</title>
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    <description>Where the dispute is governed by a binding precedent, the appellate order may be set aside and the matter remanded for fresh determination in accordance with that precedent. The questions whether expenditure was allocable to dividend income and whether sections 14A(2) and 14A(3) applied retrospectively were treated as covered by Godrej &amp; Boyce Mfg. Co. Ltd. v. Deputy Commissioner of Income Tax. The Tribunal&#039;s order was therefore not allowed to stand, and the matter was restored for reconsideration under the governing law.</description>
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      <title>2010 (11) TMI 1030 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=185761</link>
      <description>Where the dispute is governed by a binding precedent, the appellate order may be set aside and the matter remanded for fresh determination in accordance with that precedent. The questions whether expenditure was allocable to dividend income and whether sections 14A(2) and 14A(3) applied retrospectively were treated as covered by Godrej &amp; Boyce Mfg. Co. Ltd. v. Deputy Commissioner of Income Tax. The Tribunal&#039;s order was therefore not allowed to stand, and the matter was restored for reconsideration under the governing law.</description>
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